Financial privacy has practically vanished over the last 50 years. Most people are in denial about it, and still believe that their relationship with their bank or their credit union is confidential -...
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A place to discuss privacy and freedom in the digital world.
Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
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Well, there’s zcash too
Yes, but since their chain has transparent and private transactions, then somebody knows you did a private transaction, which is still a problem. It becomes a, why didn’t you use a public transaction? What did you buy with that private transaction? Why did you need that private transaction? Why couldn’t it have been a public transaction?
With Monero, since all transactions are private at all times, there’s no need to ask that.
Huh i didnt know zcash had transparent transactions?
And you don’t need a “view key” to see them like in Monero?
I don’t know that much about Zcash but apparently not because they have a shielded and an unshielded pool. So it would appear that some transactions are public while others can be private. And that’s still not okay.